BitKeep, the most popular crypto wallet in Asia, suffered a cyber attack on Boxing Day. The hackers managed to steal more than $8 million including over 4,000 BNB, $5.4 million USDT, 200,000 DAI and 1,233 ETH. Fortunately, the BitKeep team managed to trace the hackers’ movements.
BitKeep loses $8 million in cyberattack
BitKeep, a popular Asian wallet with over 6 million users suffered an attack on the evening of Monday, December 26. According to PeckShield, the hackers urged users to download a new version of the application, which unfortunately was compromised. As a result, they were able to steal $8 million, including more than 4,000 BNB, 5.4 million USDT, 200,000 DAI and 1,233 ETH.
The BitKeep team quickly responded by stating that they were investigating the attack. It then warned them to transfer their funds to other credible wallets downloadable from Google Play and App Store for safety.
In addition, the team invited all users affected by the attack to submit any relevant information related to the hack via a Google form. It also promised them to refund the funds they lost.
In addition, security firm Web3 Supremacy Inc reported that the author behind the BitKeep hack was mixing cryptos mined via SideShift and FixedFloat. Two platforms that provide easy exchange services.
BitKeep freezes hacker funds transferred to multiple addresses
The BitKeep team announced that some of the funds stolen by hackers in the cyberattack have been frozen.
Dear users, we apologize once again for the hacking incident, the team is actively working on it. The current progress is that some funds transferred by hackers have been frozen! Rest assured that BitKeep will do its best to recover your assets.
Bitkeep
Let’s recall that the BitKeep wallet had also suffered another attack, on October 17. The hackers had exploited a flaw and escaped with 1 million dollars in BNB.
One thing is for sure, the only way to secure your cryptocurrencies is to put them on a cold wallet like a ledger key. The latter offers maximum security, with a relatively simple handling.
As a journalist at Coinpri, I’ve been captivated by the world of bitcoin and blockchain since 2020. The decentralized aspect of Bitcoin particularly piqued my interest. Since then, I’ve been working constantly to spread my knowledge, hoping one day to see a world where everyone fully enjoys their financial freedom.